Return Target

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Joy: Fixed return targets force allocators into excessive risk during downturns

“And if you've got a set target, and return prospects are not so good, by definition, you have to increase risk. Just what I think is the counterintuitive and worst time when you want to be Reducing risk.”

Tom Joy Apr 3, 2023 ▶ 12:21 Tom Joy – Divine Diversification and Responsibility at Church Commissioners (Capital Allocators, EP.306)

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Return Target

1 statements about Return Target, every show

Turn any episode into a week of clips.